Section 5-27-1 – State capital construction fund established.
5-27-1. State capital construction fund established. There is hereby established within the state treasury the state capital construction fund into which shall be deposited the net proceeds to the state from the sale of on-line lottery tickets pursuant to §42-7A-24, and such other revenues as the Legislature may designate. The fund shall be a participating […]
Section 5-27-4 – Transfer of funds to ethanol fuel fund.
5-27-4. Transfer of funds to ethanol fuel fund. In fiscal year 2019, the Bureau of Finance and Management shall transfer each month twenty-one and one-half percent of the monthly state capital construction fund revenues from the state capital construction fund to the ethanol fuel fund. In fiscal year 2020, the Bureau of Finance and Management […]
Section 5-27-5 – Transfer of funds to state highway fund.
5-27-5. Transfer of funds to state highway fund. In fiscal year 2019, the Bureau of Finance and Management shall transfer each month fourteen and one-half percent of the monthly state capital construction fund revenues from the state capital construction fund to the state highway fund. In fiscal year 2020, the Bureau of Finance and Management […]
Section 5-27-6 – Transfer of funds to water and environment fund.
5-27-6. Transfer of funds to water and environment fund. During fiscal year 2019, the Bureau of Finance and Management shall transfer each month sixty-four percent of the monthly state capital construction fund revenues from the state capital construction fund to the water and environment fund. In fiscal year 2020, the Bureau of Finance and Management […]
Section 5-29-1 – Legislative findings.
5-29-1. Legislative findings. The Legislature finds that to increase research and technology- related economic activity in South Dakota and to expand the opportunities for South Dakota faculty members, researchers, and students to participate in the application of research results and technological innovations in commerce, government, or public service, it is critically important to encourage research […]
Section 5-29-2 – Definitions.
5-29-2. Definitions. Terms as used in this chapter mean: (1)”Private party lessee or contractor,” a business, a nonprofit corporation, or a research park corporation authorized by lease, contract, or agreement with the Board of Regents to construct, finance, operate, maintain, reconstruct, remodel, and manage, at its expense and risk, any research park established pursuant to […]
Section 5-26-5 – Disputed payments exempt–Notice of dispute required.
5-26-5. Disputed payments exempt–Notice of dispute required. No interest accrues under this chapter if an agency’s failure to timely pay interest required by §5-26-3 is the result of a dispute between the agency and the business over the amount due or over compliance with the contract. In case of dispute, the agency shall, within thirty […]
Section 5-26-6 – Time for payments to subcontractors and suppliers–Interest on overdue amounts–When payments due.
5-26-6. Time for payments to subcontractors and suppliers–Interest on overdue amounts–When payments due. Upon payment by an agency, a business that has acquired under contract, property or services in connection with the business’s contract with the agency from a subcontractor or supplier, shall pay the subcontractor or supplier within thirty days after receiving payment from […]
Section 5-26-7 – Citation of chapter.
5-26-7. Citation of chapter. This chapter may be cited as the South Dakota Prompt Payment Act. Source: SL 1984, ch 41, §7.
Section 5-24A-17 – Liquidation of State Cement Plant Commission property.
5-24A-17. Liquidation of State Cement Plant Commission property. Notwithstanding any other provision of law, including chapters 5-2, 5-7, and 5-24A, the commission shall, not later than June 30, 2011, liquidate all of the commission’s remaining property, excluding any mineral estates owned or leased by the commission. If liquidating property with an estimated fair market value […]